Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Shanghai bonded copper stocks added 21,000 mt on week

Shanghai bonded copper stocks added 21,000 mt on week

Oct 16, 2020 16:12

Source:SMM

Stocks of copper in Shanghai bonded areas increased for the eleventh consecutive week.

SHANGHAI, Oct 16 (SMM) — Stocks of copper in Shanghai bonded areas increased for the eleventh consecutive week.

SMM data showed that the stocks expanded 21,000 mt from the prior week to 330,000 mt as of Friday October 16.

This week, the import arbitrage window remained closed with the sluggish demand for export. The traders shipped their cargoes to bonded warehouses after production has resumed. This also accounted for the sharp increase of bonded inventories.

Copper

Inventory data

Shanghai bonded area

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

This week, the SMM survey covered the production and sales conditions of major domestic medium and large copper rod makers. The overall operating rate was 80.92%, up 6.03 percentage points MoM, exceeding the expected value by 1.11 percentage points, and up 11.59 percentage points YoY. (Surveyed enterprises: 21, capacity: 7.83 million mt). The specific situation is as follows...

Aug 16, 2024 13:22

Analysis SMM Comments Industry

Operating Rate Exceeds Expectations Under Copper Cathode-Scrap Substitution, Copper Cathode Rod Breaks Transportation Radius?

Zinc social inventories shrank 12,100 mt on week

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei decreased 12,100 mt in the week ended June 25 to 116,500 mt. The stocks fell 6,400 mt from Monday June 21.

Jun 25, 2021 14:44

Analysis

Zinc social inventories shrank 12,100 mt on week

SMM Evening Comments (Jun 23): Shanghai nonferrous metals closed mostly higher ahead of PMI data

SHFE nonferrous metals broadly rose for the most part on Wednesday June 23 with investors awaiting key Purchasing Managers' Indexes from the euro zone.

Jun 23, 2021 18:00

SMM Comments

SMM Evening Comments (Jun 23): Shanghai nonferrous metals closed mostly higher ahead of PMI data

SMM Evening Comments (Jun 22): Shanghai nonferrous metals rose across the board, nickel advanced 3.58%

SHFE nonferrous metals broadly closed higher across the board on Tuesday June 22, triggered by the Fed's updated inflation projections and a shortening of its interest rate hike schedule.

Jun 22, 2021 18:00

SMM Comments

SMM Evening Comments (Jun 22): Shanghai nonferrous metals rose across the board, nickel advanced 3.58%

SMM Evening Comments (Jun 21): Shanghai nonferrous metals declined for the most part, lead climbed 1.95%

SHFE nonferrous metals broadly fell on Monday June 21, following jitters in global markets over the more hawkish tone from the US Federal Reserve last week.

Jun 21, 2021 18:00

SMM Comments

SMM Evening Comments (Jun 21): Shanghai nonferrous metals declined for the most part, lead climbed 1.95%

SMM Morning Comments (Jun 21): Base metals closed mixed amid rising inflation and US dollar

LME base metals closed mixed in the overnight trading last Friday, as the expanding inflation and rising US dollar weighed on the market, but short supply still supported the prices. SHFE metals basically went down.

Jun 21, 2021 10:00

SMM Comments

SMM Morning Comments (Jun 21): Base metals closed mixed amid rising inflation and US dollar

SMM Morning Comments (Jun 18): Base metals all dropped after Fed implied to increase interest rates earlier

LME and SHFE non ferrous metals all declined in yesterday’s overnight trading as Fed officials implied to raise interest rates in advance and increased the excess reserve ratio.

Jun 18, 2021 09:44

SMM Comments

SMM Morning Comments (Jun 18): Base metals all dropped after Fed implied to increase interest rates earlier

SMM Morning Comments (Jun 16): LME metals all fell amid higher US dollar index

LME base metals all fell in the overnight trading yesterday, as US dollar index went up slightly, and the plummeting US May retail sales brought negative sentiments to the market. Meanwhile, SHFE metals closed mixed amid the policy control.

Jun 16, 2021 09:40

SMM Comments

SMM Morning Comments (Jun 16): LME metals all fell amid higher US dollar index

Shanghai bonded copper stocks rose 6,800 mt on week

SMM data showed that the stocks rose 6,800 mt from the prior week to 419,000 mt as of Friday June 11.

Jun 11, 2021 15:46

Analysis

Shanghai bonded copper stocks rose 6,800 mt on week

Shanghai bonded copper stocks rose 1,900 mt on week

SMM data showed that the stocks rose 1,900 mt from the prior week to 403,800 mt as of Friday May 21.

May 21, 2021 16:25

Analysis

Shanghai bonded copper stocks rose 1,900 mt on week

SMM Events & Webinars

All

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  NET ZERO MEA is the premier leadership summit of solar, energy storage, and renewable energy sectors in the Mid-East.
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 New Energy Industry Chain Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

Shanghai bonded copper stocks added 21,000 mt on week

SMM Events & Webinars

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 New Energy Industry Chain Expo